55973ff5None
Click image to open full size in new tab
# Alaskan Bank Suspends. SEATTLE, Wash., December 14.-The Fairbanks Banking Company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary, and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
MONEY SCARE IN ALASKA. The Bank at Fairbanks Has Closed for Repairs. Seattle, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday morning, on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
ALASKA BANK CLOSES DOORS Lack of Currency Cause of Suspension of Institution at Fairbanks-WIII Re-open in Spring. Seattle, Dec. 14.-The Fairbanks Banking Company of Fairbanks, Alaska, closed yesterday on account of a lack of currency. The assets are stated to be $300,000 in excess of the liabilities. The bank will re-open in the spring.
Click image to open full size in new tab
# Bank Suspends. Seattle, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials say the suspension is temporary and the bank will surely reopen in the spring at the la- test. Officials say that the assets are $300,- 000 in excess of liabilities.
Click image to open full size in new tab
Alaska Bank Closes. Seattle, Wash., Dec. 14-The Fairbanks Banking Company, of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and that the bank will surely
Click image to open full size in new tab
# ALASKA BANK CLOSES. SEATTLE, Wash., Dec. 16.—The Fairbanks Banking Company of Fairbanks, Alaska, was forced to suspend Saturday because of lack of currency. The assets of the bank are said to be $300,000 in excess of the liabilities. According to the officers of the institution the doors will be opened again in a few days.
Click image to open full size in new tab
Alaska Bank Closes Its Doors. Seattle, Wash., Dec. 16.-The Fairbanks Banking company of Fairbanks, Alaska, has closed its doors on account of a lack of currency. The officials state that the suspension 1s temporary and the bank will surely reopen in the spring at the latest. "The assets of, the institution are stated by the officials to be $30,000 in excess of the liabilities.
Click image to open full size in new tab
The Northland The Latest News, from Reliable Sources, Concerning the Great North. Condensed. Information for Everybody. Wrangell has been visited recently by heavy winds. The season for reports of rich placer strikes is again here. The Klondike Mines railway has been closed down, until April. $100,000 is asked for establishing a light and fog signal at Resurrection Bay. Juneau has designs on the headquarters of the Rush, which is now at Sitka. The headline, "Sold to the Guggenheims," appears frequently in Alaska papers. A Ketchikan church recently gave a free pie social. No wonder that town grows. Seattle mail lauded in Dawson in ten days, is pretty good for this time of the year. A second wire will be strung on the government telegraph line from Valdez to Fairbanks. The Cottage City will be on the Southeastern Alaska run again, just after Christmas, The Ketchikan freighter, Alaskan, ran on the rocks at Cape Mudge, Vancouver Island. Up to December 6th the winter weather in the Yukon had been the mildest ever recorded. The only governor that seems to please all the people of Alaska, is Exofficio Governor Distin. The Fairbanks Banking Company bank failed to open its doors on the morning of the 12th inst. The Niblack Copper Company is in financial difficulties, and the laborers were not paid for October. The mine owners and employes at Fairbanks have settled their difference, on the open shop principle. Delegate Cale has introduced a bill, providing for a modified form of territorial government for Alaska. What is known as the Mother Lode mining claim, near Valdez, was sold the other day for a half a million. According to a letter published in the Tribune, President Roosevelt was sorry that Wickersham resigned. Yes? The Atlin Consolidated Gold Mining Company, operating on Pine creek, in the Atlin district, this year took out $80,000. Thos. Tugwell, a pioneer hotel man of Log Cabin, died in Victoria of catarrh of the stomach. Deceased was at one time postmaster at Log Cabin.
Click image to open full size in new tab
STRINGENCY HITS ALASKA. Fairbanks Bank Closes Because of Lack of Cash. SEATTLE, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
STRINGENCY HITS ALASKA. Fairbanks Bank Closes Because of Lack of Cash. SEATTLE, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
# STRINGENCY HITS ALASKA. Fairbanks Bank Closes Because of Lack of Cash. SEATTLE, Wash., Dec. 14.-The Fairbanks Banking company of Fairbanks, Alaska, closed its doors yesterday on account of a lack of currency. The officials state that the suspension is temporary and the bank will surely reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
Seattle, Dec. 14.-Cashier Wood that of Fairbanks bank announces the the bank will suspend business next Wednesday. He states that the bank than will resume business not later May next at the !atest. The suspensiou is due to a shortage of curency. by Primarily the trouble was caused the tying up of over two thousand firm dollars of the collateral of the through a court order in the Causten an suit. The collateral referred to is asset deposited in the Scandinavian- not American bank and which will become available until the court will setties the case before it. There assets be no loss to depositors as the of the institution are ample to cover everything outstanding. Washington, Dec. 14. -One of the the most imposing spectacles and greatest display of naval strength ever was witnessed in the United States viewed by thousands of people today batwhen the great white squadron of tleships steamed slowly out of Hamp- down roads and the long journey and ton the Atlantic, around Cape Horn, the Pacific coast to its new station on up The Mayflower, having the president and was anchored in a guests, board was begun. his favorable invited vesposition for the review and the file, sels, passing the yacht in single fired the customary salute and started on their way San Francisco, Dec. 14.--Charles the Coyle, a mining operator from Klondike region, has disappeared from here and no trace of his whereabouts to be obtained. He was known his can have had considerable money in at the time of his disappear- friends pocket and it is feared by his foul ance that he has been the victim of play. Efforts are being made to locate the missing man. Boise, Dec. 14.-Attorney Orchard Darrow, his examination of Harry of in today, forced Orchard by a series have questions to make himself out to his been a monster from the time of childhood. The purpose of Darrow in bringing out the points of long contin- disued depravity in Orchard is to testicredit as much as possible his mony regarding the confession. New York, Dec. 14.-A heavy break occurred on the stock exchange brought again this morning which was about by the machinations of the bear element. A well organized attack the made in an effort to force out longs. was The attack resulted in a numher of heavy liquidations and a general failing off of prices. Copper went down to thirteen. Seattle, Dec. 14.-So far as can be ascertained, the terrific wind strom of yesterday did not result in any very the serious damage to the shipping in sound. Warning had been sent out by the weather bureau and preparations were made for weathering the storm out. A number of vessels were pretty eviroughly hangled and show some dence of the storm but none sustained serious injury. Point Comfort, Dec. 14.-One of the greatest pagents ever witnessed hon- was the naval ball given last night in fareof Admiral Evans. It was a or weil affair and many of the leaders in both in social and political circles the capital were present. The foreign embassies, who are here to witness Pathe departure of the fleet for the cific, were also present and pronunced had the affair the most brilliant they ever attended in this country. San Rafael, Dec. [6,-An accident, ocwhich nearly cost a man his life curred here last night. Steward Dunbar was walking along the railroad track and, coming to a cattle guard, attempted to cross. His foot slipped that and was caught in such a position it was impossible for him to release himself without assistance. Shortly full afterwards a train, running at speed, bore down upon him. Dunbar had in his possession at the time some money. Lighting the money he paper waved signals to the engineer who saw them just in time to prevent killing the man. The engine came to a stop ten feet from where Dunbar was held fast.
Click image to open full size in new tab
# Alaska Bank Suspends. The Fairbanks Banking Company of Fairbanks, Alaska, closed its doors an account of a lack of currency. The officials state that the suspension is temporary and the bank will reopen in the spring at the latest. The assets of the institution are stated by the officials to be $300,000 in excess of the liabilities.
Click image to open full size in new tab
MISCELLANEOUS. One of the civil war bombs found in the old custom house at New York exploded and nearly killed M. J. Howell, an employe of the bureau of combustibles, while on its way to be dumped into the sea. "Unfair" and "We Don't Patronize" lists used by the American Federation of Labor in its warfare against open shop employes were declared unlawful and their further publication enjoined so far as the Buck's Stove and Range company of St. Louis is concerned, by Justice Gould of the court of equity of the District of Columbia. A decision was handed down in the St. Louis court of appeals against Miss Lillie Belle Pierce, who laid claim to the $300,000 estate of the late Luther E. Imboden as his widow. Lord Kelvin, the noted scientist, died at Glasgow, aged 83 years. Frederick E. Sargeant, cashier and vice president of the Jewelers' National bank of North Attleboro, Mass., and prominently identified with Providence, R. I., and North Attleboro business firms, was found dead in the bathtub of his home. Smallpox broke out in Chadbourne hall, a dormitory for women students at the University of Wisconsin, and 100 young women who live in the dormitory were ordered vaccinated and to leave for their homes. Seventeen social democratic members of the second Russian duma were condemned to labor in the mines and deportation to Siberia, and ten to perpetual banishment to Siberia. The Fairbanks Banking company of Fairbanks, Alaska, closed its doors on account of a lack of currency. Mrs. Martha A. Campbell, president of the Woman's Christian Temperance 'union, superintendent of the Congregational Sunday school at Steubenville, O., and wife of a wealthy Greenfield township farmer, was arrested in Sandusky on a secret indictment charging incendiarism. Gov. Folk, of Missouri, commuted to life imprisonment the death sentence of Martin Paulsgrove, who murdered Miss Mary Newman. A receiver was appointed for the John Thompson & Sons Manufacturing company, of Beloit, Wis., makers of gasoline engines. Richard E. Walton was hanged at Chicago for the murder of Mrs. Lillian Grant White. Gov. Warner, of Michigan, formally notified State's Attorney General Bird to draft charges against State Treasurer Frank P. Glazier, of Chelsea, looking to his removal from office.
Click image to open full size in new tab
JURY we BARNETTE CASE (Continued from page 1) vision, was the first witness called and identified certain papers filed in his office by the Washington-Alaska bank. Fink: W admit the bank 10 be a corporation and admit the report filed by the bank. Gibson: Not expecting case to come up so soon I would ask that case be postponed until this afternoon, in order that we may get our exhibits ready. The Court: Very well, court will take recess until 2 o'clock this afternoon. Afternoon Session. Gibson: I would suggest that it would be proper for the deTense to life a written waiver of the jury. James W. Hill, sworn, residing in Seattle: I was one of the partners of the Fairbanks Banking Company, a co-partnership between Barnette, Parsons and myself. In March. 1908, the Fairbanks Banking Company, a Nevada corporation, took over certain securities of the former co-partnership J do not know what proportion of the stock was paid for in money. perhaps $150,000 or) 8200,000. I believe that notes were signed for stock which were subsequently paid. Some were not paid and some of them remained in the bank when I left in September, 1909. Barnette, R. C. Wood and myself received stock in the bank. I paid no cash for mine, to the best of my knowledge: neither Barnette or Woods paid for their stock, as the surplus assets covered that stock, Wood and myself having the privilege of buying in up to a certain date. The value of the assets were based upon a valuation placed upon the assets by a committee of depositors in 1907. The increase of $100,000 in the value of the Gold Bar Lumher company's stock was made by the officers of the bank upon the recommendation of a committee of the bank's depositors in 1907, when the money stringency in the states len the bank without currency and this statement was made to show the bank's solvency. Cross-examination by Fink: Barnette bought the Gold Bar Lumber stock in 1907. The bank owned four-fifths of the stock. In that year the bank closed its doors during the panic. The depositors investigated the affairs of the bank and reported as to its condition.